Single-Tenant Office Building Trades For $26.5 Million

Dec 09, 2014 No Comments by

CBRE has brokered the $26.5 million sale of a 124,500-square-foot, single-tenant office building in Orlando, fully leased to Kaplan University.

The two-story property is located in the Central Florida Research Park at 12650 Ingenuity Drive and features a 25-foot glass atrium, open spiral staircase and a cafeteria.

Kaplan University signed a 13-year lease for the entire building in 2008.

Ronald Rogg and Chip Wooten of CBRE represented the seller, RT Ingenuity LLC, in the transaction. City Office REIT Inc. purchased the property.

 

Source:  REBusiness

 

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Industry News, NA, Office
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